ITAB Shop Concept AB (publ) develops, manufactures, sells, and installs shop fitting concepts for retail chain stores.
Undervalued with proven track record.
Share Price & News
How has ITAB Shop Concept's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ITAB B's share price has been volatile over the past 3 months.
7 Day Return
SE Commercial Services
1 Year Return
SE Commercial Services
Return vs Industry: ITAB B underperformed the Swedish Commercial Services industry which returned 9.3% over the past year.
Return vs Market: ITAB B underperformed the Swedish Market which returned 23.3% over the past year.
Price Volatility Vs. Market
How volatile is ITAB Shop Concept's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes ITAB Shop Concept AB (publ)'s (STO:ITAB B) 33% Earnings Growth Make It An Outperformer?
3 weeks ago | Simply Wall StA Rising Share Price Has Us Looking Closely At ITAB Shop Concept AB (publ)'s (STO:ITAB B) P/E Ratio
4 weeks ago | Simply Wall StDoes ITAB Shop Concept AB (publ)’s (STO:ITAB B) ROCE Reflect Well On The Business?
Is ITAB Shop Concept undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ITAB B (SEK14.62) is trading below our estimate of fair value (SEK56.78)
Significantly Below Fair Value: ITAB B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ITAB B is good value based on its PE Ratio (12.5x) compared to the Commercial Services industry average (19.5x).
PE vs Market: ITAB B is good value based on its PE Ratio (12.5x) compared to the Swedish market (20.1x).
Price to Earnings Growth Ratio
PEG Ratio: ITAB B is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: ITAB B is good value based on its PB Ratio (0.9x) compared to the SE Commercial Services industry average (2.2x).
How is ITAB Shop Concept forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ITAB B's forecast earnings growth (8.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: ITAB B's earnings (8.2% per year) are forecast to grow slower than the Swedish market (8.4% per year).
High Growth Earnings: ITAB B's earnings are forecast to grow, but not significantly.
Revenue vs Market: ITAB B's revenue (0.9% per year) is forecast to grow slower than the Swedish market (4.7% per year).
High Growth Revenue: ITAB B's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ITAB B's Return on Equity is forecast to be low in 3 years time (7.2%).
How has ITAB Shop Concept performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ITAB B has high quality earnings.
Growing Profit Margin: ITAB B's current net profit margins (2%) are higher than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: ITAB B's earnings have declined by -13.2% per year over the past 5 years.
Accelerating Growth: ITAB B's earnings growth over the past year (33.3%) exceeds its 5-year average (-13.2% per year).
Earnings vs Industry: ITAB B earnings growth over the past year (33.3%) exceeded the Commercial Services industry 22.3%.
Return on Equity
High ROE: ITAB B's Return on Equity (6.4%) is considered low.
Return on Assets
Return on Capital Employed
How is ITAB Shop Concept's financial position?
Financial Position Analysis
Short Term Liabilities: ITAB B's short term assets (SEK2.3B) exceed its short term liabilities (SEK2.0B).
Long Term Liabilities: ITAB B's short term assets (SEK2.3B) exceed its long term liabilities (SEK2.0B).
Debt to Equity History and Analysis
Debt Level: ITAB B's debt to equity ratio (93.6%) is considered high.
Reducing Debt: ITAB B's debt to equity ratio has increased from 76.3% to 93.6% over the past 5 years.
Debt Coverage: ITAB B's debt is well covered by operating cash flow (20.1%).
Interest Coverage: ITAB B's interest payments on its debt are well covered by EBIT (3.1x coverage).
Inventory Level: ITAB B has a high level of physical assets or inventory.
Debt Coverage by Assets: ITAB B's debt is covered by short term assets (assets are 1.3x debt).
What is ITAB Shop Concept's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ITAB B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ITAB B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ITAB B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ITAB B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ITAB B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ITAB B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Andréas Elgaard (47yo)
Mr. Andréas Elgaard serves as President & CEO at ITAB Shop Concept AB (publ) since August 2019. He is Member of Group Management. He Holds Master of Science from Lunds Institute of Technology. He Holds sen ...
|President & CEO||0.5yrs||no data||no data|
|Chief Financial Officer||7.1yrs||no data||0.088% SEK1.3m|
|Head of Group Accounting||0yrs||no data||no data|
|Human Resources Director||4.5yrs||no data||no data|
|Deputy Chief Executive Officer||12yrs||no data||0.11% SEK1.7m|
|CED & Chief Business Officer||9.1yrs||no data||no data|
|Group Treasurer||6yrs||no data||no data|
|Group Business Controller||13yrs||no data||no data|
Experienced Management: ITAB B's management team is seasoned and experienced (7.1 years average tenure).
|Independent Chairman of the Board||0yrs||kr340.00k||1.07% SEK16.1m|
|Independent Director||10.8yrs||kr180.00k||0.059% SEK877.2k|
|Independent Director||1.1yrs||no data||no data|
|Independent Director||3.1yrs||kr180.00k||no data|
Experienced Board: ITAB B's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ITAB Shop Concept AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: ITAB Shop Concept AB (publ)
- Ticker: ITAB B
- Exchange: OM
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: kr1.497b
- Shares outstanding: 102.38m
- Website: https://itab.com
Number of Employees
- ITAB Shop Concept AB (publ)
- Instrumentvägen 2
- Box 9054
- Jönköping County
- 550 09
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ITAB B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Common Shares||SE||SEK||May 2004|
|0RGW||LSE (London Stock Exchange)||Yes||Class B Common Shares||GB||SEK||May 2004|
|ITABBS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Class B Common Shares||GB||SEK||May 2004|
|29I||DB (Deutsche Boerse AG)||Yes||Class B Common Shares||DE||EUR||May 2004|
ITAB Shop Concept AB (publ) develops, manufactures, sells, and installs shop fitting concepts for retail chain stores. It offers entrance and exit systems, such as automatic gates, gate arms, ADS direction alarms, mechanical gates, queue merchandising shelf systems, call forward queue systems, screen walls, and shop accessories; shop fittings; and lighting products, including track lights and systems, downlights and recessed lights, linear lights, LED panels, uplights, surface-mounted and pendant lighting products, strips and coils, exterior and fuel lighting products, and emergency lighting solutions. The company also provides manned checkouts, self-checkout, and digital solutions, as well as drug storage solutions for pharmacies and hospitals. It has operations in the United Kingdom, Sweden, Norway, Germany, Denmark, North America, Finland, Italy, France, the Netherlands, China, Poland, Belgium, Spain, Russia, and internationally. ITAB Shop Concept AB (publ) is headquartered in Jönköping, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 21:28|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.